Emergency Protest at AIG Corporate Office in Los Angeles
Sunday, March 15, 2009
Bail Out the People, NOT Insurance Giants & Banks!
Emergency Protest at AIG Corporate Office in Los Angeles
Say "NO" to Million-Dollar AIG Exec Bonuses!
Stop Government/Big Business Theft from Workers!
Bail Out the People, NOT Insurance Giants & Banks!
TOMORROW: Monday, March 16, 5pm
AIG Corporate Office in Downtown L.A.
777 S. Figueroa St., Los Angeles, CA 90017
(NW corner of 8th and Figueroa, 1 block W of 7th St./Metro Center metro stop)
Executives from bailed-out insurance giant AIG will be receiving $165 million in new bonuses this week. The company received $170 billion in federal bailout money since November. Just last month the Obama administration gave another infusion of tens of billions of tax dollars to AIG when the same executive team announced that the company suffered $61 billion in losses in the last three months of 2008.
In a mind-boggling decision, Obama’s Treasury Secretary Timothy Geithner determined that the government does not have the legal authority to block the new bonuses. Truly amazing! And a good lesson for all workers about the true relationship between government and business. Keep in mind that the only reason AIG avoided bankruptcy was that the U.S. government provided billions more of our money to the same thieves.
Join the Party for Socialism and Liberation, the ANSWER Coalition, and other organizations at an emergency protest and picket tomorrow, March 16, 5pm, outside AIG's office in L.A., to denounce this outrage. Cities and states are slashing jobs and cutting social services, unemployment is at 12% in L.A. alone, and people are being kicked out of their homes--where's the money for working people? Let's show Washington and Wall Street that they can't get away with stealing from workers time and time again. We have got to take to the streets to defend our jobs, our communities and our children’s future.
For more info call 323-810-3380 or email la@socialismandliberation.org.
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